Gold calculator
Scrap Gold Calculator
Estimate likely payout for old gold or jewellery when the question is about what a buyer may actually pay, not just the clean bullion benchmark.
When to use this calculator
- Estimating old gold payout value
- Comparing scrap value across karat levels
- Checking a likely buyer offer before selling
Frequently asked questions
- Why is scrap gold value lower than the spot price?
- Because scrap buyers deduct for refining, risk, operating costs, and their own margin, so the payout is usually below theoretical melt value.
- Can I use this for jewellery?
- Yes. Jewellery-led valuation is the main use case, especially for 22k, 18k, and 14k gold.